Randi Thompson: Methinks employees protest too much

3:00 AM,
May 12, 2013

Written by

RANDI
THOMPSON

That is what pension reform is about. Nevada taxpayers are responsible for paying public employees' salary, retirement and health care. The state guarantees the pension fund, and that means the taxpayers are obligated to pay for it. So I don't think it's too much to ask what are our responsibilities and obligations to that fund.

And yes, I'm worried that an unfunded liability of over $11 billion (which PERS reported in their 2012 Comprehensive Annual Financial Report) could mean significant tax increases for Nevadans. ...